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English II Reading Comprehension II 02-07-2019

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Question 1

Read the passage carefully and select the best answer to each question out of the four alternatives.

During his early days as editor of the popular magazine, Saturday Evening Post. George Lorimer did much of the reading of unsolicited stories. This meant endless hours of sitting at the desk, pouring over big stacks of manuscripts, trying to decide which were worthy of publication and which were not. Lorimer became an expert at making these decisions.
One day he received a huffy letter from a would-be writer who had a complaint. “Last week you rejected my story”, she wrote. “I am positive you did not read it, because as a test. I pasted together pages 14, 15 and 16. The manuscript came back with the pages still pasted. There is no question in my mind but that you are a sham and a disgrace to your profession.”
Lorimer’s reply was succinct: “Madam, at breakfast when I crack open an egg, I don’t have to eat the whole egg to know it is bad.”
Lorimer did much reading of the stories

Question 2

Read the passage carefully and select the best answer to each question out of the four alternatives.

During his early days as editor of the popular magazine, Saturday Evening Post. George Lorimer did much of the reading of unsolicited stories. This meant endless hours of sitting at the desk, pouring over big stacks of manuscripts, trying to decide which were worthy of publication and which were not. Lorimer became an expert at making these decisions.
One day he received a huffy letter from a would-be writer who had a complaint. “Last week you rejected my story”, she wrote. “I am positive you did not read it, because as a test. I pasted together pages 14, 15 and 16. The manuscript came back with the pages still pasted. There is no question in my mind but that you are a sham and a disgrace to your profession.”
Lorimer’s reply was succinct: “Madam, at breakfast when I crack open an egg, I don’t have to eat the whole egg to know it is bad.”
Lorimer was a good editor because

Question 3

Read the passage carefully and select the best answer to each question out of the four alternatives.

During his early days as editor of the popular magazine, Saturday Evening Post. George Lorimer did much of the reading of unsolicited stories. This meant endless hours of sitting at the desk, pouring over big stacks of manuscripts, trying to decide which were worthy of publication and which were not. Lorimer became an expert at making these decisions.
One day he received a huffy letter from a would-be writer who had a complaint. “Last week you rejected my story”, she wrote. “I am positive you did not read it, because as a test. I pasted together pages 14, 15 and 16. The manuscript came back with the pages still pasted. There is no question in my mind but that you are a sham and a disgrace to your profession.”
Lorimer’s reply was succinct: “Madam, at breakfast when I crack open an egg, I don’t have to eat the whole egg to know it is bad.”
The lady wrote huffy letter because

Question 4

Read the passage carefully and select the best answer to each question out of the four alternatives.

During his early days as editor of the popular magazine, Saturday Evening Post. George Lorimer did much of the reading of unsolicited stories. This meant endless hours of sitting at the desk, pouring over big stacks of manuscripts, trying to decide which were worthy of publication and which were not. Lorimer became an expert at making these decisions.
One day he received a huffy letter from a would-be writer who had a complaint. “Last week you rejected my story”, she wrote. “I am positive you did not read it, because as a test. I pasted together pages 14, 15 and 16. The manuscript came back with the pages still pasted. There is no question in my mind but that you are a sham and a disgrace to your profession.”
Lorimer’s reply was succinct: “Madam, at breakfast when I crack open an egg, I don’t have to eat the whole egg to know it is bad.”
Lorimer’s reply was

Question 5

Read the passage carefully and select the best answer to each question out of the four alternatives.

During his early days as editor of the popular magazine, Saturday Evening Post. George Lorimer did much of the reading of unsolicited stories. This meant endless hours of sitting at the desk, pouring over big stacks of manuscripts, trying to decide which were worthy of publication and which were not. Lorimer became an expert at making these decisions.
One day he received a huffy letter from a would-be writer who had a complaint. “Last week you rejected my story”, she wrote. “I am positive you did not read it, because as a test. I pasted together pages 14, 15 and 16. The manuscript came back with the pages still pasted. There is no question in my mind but that you are a sham and a disgrace to your profession.”
Lorimer’s reply was succinct: “Madam, at breakfast when I crack open an egg, I don’t have to eat the whole egg to know it is bad.”
Lorimer read the stories

Question 6

Read the passage carefully and select the best answer to each question out of the four alternatives.
With the ban on entry loads in 2009, SEBI ensured that all the fees and costs chargeable to the investor are packed into a single Total Expense Ratio (TER) expressed as a percentage of a scheme’s net assets. The exit load is the only additional levy, allowed in cases of early exit. However, the slab-based structure had not been revised from the time SEBI introduced its mutual fund regulations in 1996.
What did SEBI not revise in 1996?

Question 7

Read the passage carefully and select the best answer to each question out of the four alternatives.
With the ban on entry loads in 2009, SEBI ensured that all the fees and costs chargeable to the investor are packed into a single Total Expense Ratio (TER) expressed as a percentage of a scheme’s net assets. The exit load is the only additional levy, allowed in cases of early exit. However, the slab-based structure had not been revised from the time SEBI introduced its mutual fund regulations in 1996.
In case of an early exit, what can be levied?

Question 8

Read the passage carefully and select the best answer to each question out of the four alternatives.
With the ban on entry loads in 2009, SEBI ensured that all the fees and costs chargeable to the investor are packed into a single Total Expense Ratio (TER) expressed as a percentage of a scheme’s net assets. The exit load is the only additional levy, allowed in cases of early exit. However, the slab-based structure had not been revised from the time SEBI introduced its mutual fund regulations in 1996.
The word revised as used in the passage means:

Question 9

Read the passage carefully and select the best answer to each question out of the four alternatives.
With the ban on entry loads in 2009, SEBI ensured that all the fees and costs chargeable to the investor are packed into a single Total Expense Ratio (TER) expressed as a percentage of a scheme’s net assets. The exit load is the only additional levy, allowed in cases of early exit. However, the slab-based structure had not been revised from the time SEBI introduced its mutual fund regulations in 1996.
What does TER convey?

Question 10

Read the passage carefully and select the best answer to each question out of the four alternatives.
With the ban on entry loads in 2009, SEBI ensured that all the fees and costs chargeable to the investor are packed into a single Total Expense Ratio (TER) expressed as a percentage of a scheme’s net assets. The exit load is the only additional levy, allowed in cases of early exit. However, the slab-based structure had not been revised from the time SEBI introduced its mutual fund regulations in 1996.
When was Entry Loads banned?
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